Tri-County Financial Group, Inc. operates as a bank holding company for First State Bank that provides various banking products and services to individuals and businesses in the United States. The company accepts demand deposits and certificates of deposit; and offers personal and business checking and savings accounts. It also provides home mortgage, home equity lines of credit, auto, personal, commercial real estate, business term, agriculture, and farm machinery loans, as well as installment loans and secondary market mortgage services. In addition, the company offers personal and business credit cards; business services, including online and mobile treasury management, ACH and check positive pay, merchant cards, remote deposit capture, and FSBpaynow; and various mortgage banking, insurance, and other investment services. It serves customers through its facility in Mendota; branches in Peru, LaMoille, McNabb, Streator, Ottawa, Earlville, Bloomington, Oakbrook Terrace, St. Charles, Geneva, Batavia, North Aurora, Shabbona, Waterman, Sycamore, Rochelle, Princeton, and West Brooklyn, Illinois; and mortgage banking offices in Illinois and Wisconsin. Tri-County Financial Group, Inc. was incorporated in 1986 and is based in Mendota, Illinois.
Tri-County Financial Dividend Announcement
• Tri-County Financial announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-30
• Tri-County Financial annual dividend for 2024 was $0.60
• Tri-County Financial annual dividend for 2023 was $0.90
• Tri-County Financial's trailing twelve-month (TTM) dividend yield is 2.14%
• Tri-County Financial's dividend growth over the last five years (2018-2023) was 8.45% year
Tri-County Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.20 | quarterly | 2024-10-10 |
2024-06-28 | $0.20 | quarterly | 2024-07-11 |
2024-03-27 | $0.20 | quarterly | 2024-04-11 |
2023-12-28 | $0.30 | quarterly | 2024-01-11 |
2023-09-28 | $0.20 | quarterly | 2023-10-12 |
2023-06-29 | $0.20 | quarterly | 2023-07-13 |
2023-03-30 | $0.20 | quarterly | 2023-04-13 |
2022-12-29 | $0.30 | quarterly | 2023-01-12 |
2022-09-29 | $0.20 | quarterly | 2022-10-13 |
2022-06-29 | $0.20 | quarterly | 2022-07-07 |
2022-03-30 | $0.20 | quarterly | 2022-04-14 |
2021-12-30 | $0.30 | quarterly | 2022-01-13 |
2021-09-29 | $0.15 | quarterly | 2021-10-07 |
2021-06-29 | $0.15 | quarterly | 2021-07-15 |
2021-03-30 | $0.15 | quarterly | 2021-04-15 |
2020-12-30 | $0.30 | quarterly | 2021-01-14 |
2020-09-29 | $0.15 | quarterly | 2020-10-08 |
2020-06-29 | $0.15 | quarterly | 2020-07-09 |
2020-03-30 | $0.15 | quarterly | 2020-04-09 |
2019-12-30 | $0.15 | quarterly | 2020-01-09 |
2019-09-27 | $0.15 | quarterly | 2019-10-10 |
2019-06-27 | $0.15 | quarterly | 2019-07-11 |
2019-03-28 | $0.15 | quarterly | 2019-04-04 |
2018-12-28 | $0.15 | quarterly | 2019-01-10 |
2018-09-27 | $0.15 | quarterly | 2018-10-04 |
2018-06-28 | $0.15 | quarterly | 2018-07-05 |
2018-03-28 | $0.15 | quarterly | 2018-04-05 |
Tri-County Financial Dividend per year
Tri-County Financial Dividend growth
Tri-County Financial Dividend Yield
Tri-County Financial current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing Tri-County Financial stock? Use our calculator to estimate your expected dividend yield:
Tri-County Financial Financial Ratios
Tri-County Financial Dividend FAQ
Other factors to consider when evaluating Tri-County Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Tri-County Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tri-County Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tri-County Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tri-County Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Tri-County Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tri-County Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tri-County Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Tri-County Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tri-County Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.